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Waste not Scientists in the United States have developed a material that beats the record for converting waste heat into power - something they hope will be incorporated into clean energy investment.

Described by an independent commentator as "a giant leap", the material achieves the highest efficiency ever for scavenging heat from a source and transforming it into power, its inventors say.

According to the team, as much as 15 to 20 per cent of the heat that disappears out of car tailpipes and the chimneys of power stations and factories could be recovered as electricity.

The compound is a doped-up derivative of lead telluride, a semiconductor first used in the Apollo moon landings to provide astronauts with a renewable, thermoelectric power source.

For years, the efficiency rating in thermoelectrics, known by the unit of ZT, stagnated at 1.

The new material has a ZT rating of 2.2, outstripping the previous record reached earlier this year of 1.7.

"At this level there are realistic prospects for recovering high-temperature waste and turning it into useful energy," says Professor Mercouri Kanatzidis, a chemist at Northwestern University in Chicago, who led the study appearing in the journal Nature.

Kanatzidis says it is hard to estimate the cost of the new material, but that if manufactured on a large scale, "it should be nearly the same as bulk lead and tellurium combined."

He also discounts fears of toxicity, saying that the lead-tellurium bond was "very stable environmentally" - the compound occurs naturally as a mineral called altaite.

The breakthrough, says the study, comes from combining several techniques to doctor the material, including the use of sodium and nano-particles of strontium telluride, to dampen scattering of electrons and make energy conversion more efficient.

In a commentary appearing in Nature, Tom Nilgesa of the Munich Technical University in Germany, says it is "a feat that is not only a tremendous step for one group, but also a giant leap for thermoelectrics."